uCloudlink Group Inc. (UCL)

uCloudlink Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	30.06	23.37	14.92	7.87	21.99
Short-Term Investments	10.31	7.61	13.1	14.17	21.73
Cash & Short-Term Investments	40.37	30.98	28.02	22.04	43.71
Cash Growth	30.29%	10.57%	27.15%	-49.58%	9.74%
Accounts Receivable	9.85	9.43	6.66	16.08	9.01
Other Receivables	1.35	-	0.72	1.47	0.63
Receivables	11.2	9.43	7.37	17.55	9.63
Inventory	1.31	2.18	3.62	6.13	5.85
Prepaid Expenses	2.32	6.42	2.16	2.55	3
Restricted Cash	-	-	-	-	8.24
Other Current Assets	0.36	-	0.16	0.81	1.51
Total Current Assets	55.56	49.02	41.35	49.09	71.94
Property, Plant & Equipment	6.9	4.75	1.39	1.8	3.03
Long-Term Investments	2.01	1.96	1.71	13.93	19.13
Other Intangible Assets	0.51	0.65	0.8	1.01	1.04
Other Long-Term Assets	-	0.23	0.69	1.31	2.12
Total Assets	64.98	56.61	45.93	67.13	97.25
Accounts Payable	7.45	5.33	6.85	13	8.71
Accrued Expenses	22.75	22.89	22.28	24.71	22.72
Short-Term Debt	6.96	5.3	2.88	3.18	3.7
Current Portion of Leases	1.85	1.08	0.18	-	-
Current Unearned Revenue	0.71	1.6	1.27	1.59	0.89
Other Current Liabilities	2.47	2.92	2.97	4.29	4.52
Total Current Liabilities	42.18	39.12	36.44	46.77	40.54
Long-Term Leases	1.09	1.29	-	-	-
Other Long-Term Liabilities	0.09	0.15	0.2	0.26	0.32
Total Liabilities	43.36	40.55	36.64	47.03	40.86
Common Stock	0.02	0.02	0.02	0.01	0.01
Additional Paid-In Capital	241.38	240.14	236.77	230.05	220.29
Retained Earnings	-222.01	-226.57	-229.38	-209.52	-163.48
Comprehensive Income & Other	2.23	2.46	1.88	-0.45	-0.43
Total Common Equity	21.62	16.05	9.29	20.09	56.39
Shareholders' Equity	21.62	16.05	9.29	20.09	56.39
Total Liabilities & Equity	64.98	56.61	45.93	67.13	97.25
Total Debt	9.9	7.67	3.06	3.18	3.7
Net Cash (Debt)	30.47	23.32	24.96	18.86	40.01
Net Cash Growth	30.68%	-6.59%	32.34%	-52.85%	20.60%
Net Cash Per Share	0.81	0.63	0.80	0.66	1.54
Filing Date Shares Outstanding	37.63	37.49	36.98	28.97	28.29
Total Common Shares Outstanding	37.8	37.45	36.88	28.7	28.21
Working Capital	13.38	9.89	4.91	2.31	31.4
Book Value Per Share	0.57	0.43	0.25	0.70	2.00
Tangible Book Value	21.12	15.4	8.49	19.08	55.36
Tangible Book Value Per Share	0.56	0.41	0.23	0.66	1.96
Machinery	12.24	11.92	11.26	13.37	15.43
Leasehold Improvements	0.53	0.53	0.54	0.59	0.56

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q